£172,745
This estimated value is based upon the latest sale price for the house of £124,950 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£124,950 | 7 Jan 2016 |
£120,000 | 22 Nov 2002 |
£63,300 | 16 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 567 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £124,950 results in an estimated price of approximately £172,745.
7 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £124,950 | £47,795 | £172,745 |
The Postcode Pricing Model uses changes in average sales price within the NE2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 52.452 % | £65,538 | £190,488 |
3 Month Average | 36.929 % | £46,143 | £171,093 |
6 Month Average | 9.076 % | £11,340 | £136,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £129,479 | £125,500 | 42 MOUNTWOOD |
4 Dec 2023 | £142,891 | £138,500 | 76 BROAD ASH |
3 Nov 2023 | £112,865 | £110,000 | 14 DENESIDE COURT |
25 Aug 2023 | £122,204 | £120,000 | 70 BROAD ASH |
6 Jun 2023 | £131,638 | £129,000 | 53 HIGH PARK |
This house has a floor area of 52 sq meters or 567 sq feet when measured on 3 Jul 2009. Using an estimated price of £172,745 means this house is valued at £3,276 per sq meter (£304 per sq foot).
The average size of a house on DENESIDE COURT is 50 sq meters (539 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Wolseley Gardens |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolseley Gardens |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |